Date Account Titles and Explanation Debit Credit (Dividend declaration) (Oividend recocd (sate) (Porment of dimdend) (Stocksplet) (Stock dindend declaration) Prepare the shareholders' equity section of the balance sheet at December 31,2024. (Stock dividend declaration) (Stock dividend record date) (Toclase income Summary) (To close dividends to retalned eamings) Question Part Scare On December 31, 2023, Carla Vista Corporation, a public company, had the following sharehoiders' equity accounts: During the year, the following transactions occurred: Jan. 15. Declared a 51 per share cash dividend to shareholders of record on January 31 . payable February 15. July 1. Announced a 2-for-1 stock split. The market price per share on the date of the arincuncement was $18 Dec 15 Declared a 15% stockdividend to shareholders of record on December 30 . distributable on January 15. On Decernber 15 , the market price of each share was $9, on December 30,$11, and on January 15,$10. 31 Determined that profit before income tax for the year was 5411,000 , The company has a 30.9 income tax rate Journjize the transactions for 2024 and closing entries for 2024. (Credit account tities are automaticalily indented when the amount ti entered Do not indent manually If no entryis required, select 'No Entry' for the account titles and enter o for the amounts. Record journal entries in the order presented in the problem List all debit entries before credit entriec)